I strongly support efforts to put our fiscal policy back on a long-term sustainable path.
Editor's note · Context
Bernanke emphasizes the importance of sustainable fiscal policy.
Share
More from Ben Bernanke
We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.
Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…
Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.
Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.





